BitMEX
Here’s What Happened in Crypto Today
The crypto landscape shifted on September 23, 2026, with the sunset of a foundational exchange and a significant leap in blockchain performance. Institutional players deepened their integration with stablecoin infrastructure while the broader market held a steady, bullish posture. Morning Solana developers initiated testing for the Alpenglow upgrade, a technical milestone designed to slash network...
BitMEX Closes Operations as Institutional Stablecoin Adoption Grows
The crypto landscape faces a major transition today as a foundational exchange closes its doors while institutional players double down on stablecoin infrastructure. This afternoon roundup covers the sunset of a derivatives pioneer, new treasury moves from Galaxy, and the shifting role of automated payments in the global economy. BitMEX Ends Eleven-Year Run as Perpetual...
Fed Hikes Rates as House Advances New Crypto Tax Framework
The crypto landscape faces a volatile pivot point as macroeconomic tightening collides with a flurry of regulatory and legal developments. From the Federal Reserve’s hawkish return to interest rate hikes to a fresh wave of litigation hitting the exchange sector, the market is navigating a complex web of institutional pressure and legislative uncertainty. The Fed...
BitMEX Shuts Down After 11 Years, Marks End of Derivatives Era
BitMEX, once a titan of crypto derivatives trading, will permanently shut down on September 23, 2026, after more than eleven years of operations. The closure marks the end of an era for the exchange that pioneered perpetual swaps and at its peak controlled 57 percent of global crypto derivatives volume, though it now commands less...
BitMEX Sued for $40.7M Bitcoin on Shutdown Day
BitMEX faces a 622.66 Bitcoin class action lawsuit valued at $40.7 million, filed Thursday in New York federal court just hours after the storied derivatives exchange announced its shutdown on September 23, 2026. The timing underscores mounting legal exposure for the legacy platform as it exits the market after an 11-year run that fundamentally shaped...
Here’s What Happened in Crypto Today
Bitcoin retreated below recent highs on Wednesday as oil prices spiked and inflation concerns resurfaced ahead of the Federal Reserve’s policy meeting, offsetting earlier optimism from returning ETF inflows. Meanwhile, a surprise Senate deal on crypto regulation lifted the odds of the Clarity Act reaching a vote to 72%, marking a significant breakthrough in Washington’s...
BitMEX Shuts Down Sept. 23 After 11-Year Run, BMEX Crashes 93%
BitMEX, the pioneering crypto derivatives exchange that transformed global market structure through the invention of perpetual swaps, announced today that it will permanently shut down operations on September 23, 2026, at 04:00 UTC, bringing an 11-year run to an end. The decision by HDR Global Trading Limited, the Seychelles-registered parent company, follows a strategic review...